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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Auto shops
3420 Rainbow Blvd Las Vegas, NV 89146-6599
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US62-1233706
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,053 SF
Lot
0.3 ac (13,068 SF)
APN
163-14-101-001
UPID
US62-1233706
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Jiffy Lube Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$653k
Blend (final)
Blend
$965k
Owner & transaction history
Orchard Creek Properties LLC · 5 yrs held
Orchard Creek Properties LLC
since 2021
Last sale
$910,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+13.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Las Vegas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Las Vegas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,135,000
ML approach
$1,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,140,000
Current use
COMMERCIAL (GENERAL)
$1,300,000
Change: +14% · Conversion: Moderate
OFFICE BUILDING
$950,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $910k (Jun 29 2021)
Last sale anchor
$910k
Jun 29 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$470 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,459
Tax year 2023
Assessed value
$142,427
Assessed 2024
Previous assessed
$129,698
+9.8% YoY
Effective rate
2.43%
On assessed value
Assessed land
$77,572
Assessed improvement
$64,855
Land market value
$221,634
Improvement market value
$185,300
Total market value
$406,934
Applied tax rate
417.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
EVAPORATIVE
Stories
1
Total area
2,053 SF
Lot
0.3 ac (13,068 SF)
APN
163-14-101-001
UPID
US62-1233706
Jurisdiction
CLARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$950,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1984
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Orchard Creek Properties LLC
Entity
Mailing address
12295 NEW AVE, SAN MARTIN, CA 95046-9619
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2021
$910,000
Orchard Creek Properties LLC
26 Hacienda LLC
Warranty Deed
$575,000 · Mountain America FCU
Apr 15, 2021
—
Orchard Creek Properties LLC
16170 Jacqueline Court LLC
Re-recorded Document
related
$406,000 · 16170 Jacqueline Court LLC
Sep 14, 2020
$650,000
Orchard Creek Properties LLC
16170 Jacqueline Court LLC
Grant Deed
$406,000 · 16170 Jacqueline Court LLC
Jul 31, 2017
$564,000
16170 Jacqueline Court LLC
Tyre Apartments LLC
Grant Deed
—
Mar 14, 2016
$645,000
Tyre Apartments LLC
Alhark Corp
Grant Deed
—
May 22, 2006
$1,125,000
Alhark Corp
Warren P King
Bargain And Sale Deed
$524,863 · The Belvidere National Bank & Trust
Sep 10, 1998
—
Saymar Investments LLC
Souvall,sam W
Grant Deed
related
—
Jan 16, 1992
$98,000
Sam W Etal Souvall
Unknown
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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